Merger Update: SK hynix/Intel

RNS Announcement

RNS Number : 0302D

Competition and Markets Authority

28 June 2021

Merger Clearance:

The CMA has decided, on the information currently available to it, not to refer the following merger to a Phase 2 investigation under the provisions of the Enterprise Act 2002:

Title of Merger case: Anticipated acquisition by SK hynix Inc. of Intel Corporation's NAND and SSD business.

The text of this decision will be placed on the Competition and Markets Authority's web site at https://www.gov.uk/cma-cases as soon as is reasonably practicable.

In the event of media enquiries please email Kieran.Lowe@cma.gov.uk or press@cma.gov.uk or call Kieran Lowe on 020 3738 6007.

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RNS metadata

Title: Merger Update: SK hynix/Intel
Time: 08:00:01
Date: 28 Jun 2021
Category: Acquisitions and alliances
ID: 0302D